Saturday, November 7, 2009
A trip to rural India
Saturday, October 17, 2009
Diwali makes me nostalgic !
(Don't) Horn Please !
Last week I came across a news item on TV which showed a person from Delhi who didn't horn from years. This habit of his rubbed off on his near and dear. He commented that not horning made him more patient and calm. He said people reach the same place at almost the same time whether they horned or not. Then why get yourself all worked up. Relax ! Initially, I thought it is impossible not to horn while driving in Hyderabad. The traffic is so unruly. People almost take pride in breaking rules. Driving is quite a task in today's Hyderabad. It is a traumatic experience.
However, that two minute news piece keeps ringing in my head all the time when I drive these days. I am making a conscious effort to avoid horning each time I would have otherwise. My effort has been an instant success. I managed not to horn a single time yesterday. Definitely, the first time for me that a day went by without hitting the horn. I feel very calm and composed when I do not horn and get hypered up with all the chaos around. I feel much less stressed coz of this. I don't think India will become horn free in the foreseeable future but hope the volume gets lower and lower as time goes by.
Sunday, September 13, 2009
Indian vs US Air Travel
The airline industry world wide is going thru hell. Rising fuel costs, lesser number of travellers and what have you. However, what amazes me is the glaring difference between the United States' based airline companies and the ones back home.
The horror of travelling in the US begins at the check-in counter itself. The reps have some sort of an air as if they were doing us a favour checking us in. These days there are more number of auto check in kiosks than there are people checking in customers. At least the kiosks are more polite !!
Well...once your checked in you basically head into the long lines at security and are subjected to "a random search" by the airport security most of the time. I don't know how the "random" selection is done. However, I learnt, by personal experience that you basically get selected for the special treatment if you are from the sub-continent or surrounding countries. However, after years of travelling the security finally accepts that you are not a threat to the country and are not selected for a random selection any more.
You then head to the departure gate and board the plane to an artificially welcoming host / hostess who are called 'cabin crew'. Then begins the on board experience. Wow !! On flights that are even as long as 5 hours all that the airline serves are food boxes that could be bought ! They serve it with some soft drink / juice (which is thankfully free). For flights of a lesser duration forget about any food at all. They simply throw a minuscule packet of pretzel or peanut with a drink and thats it. A far away cry from the "Kingfisher Experience" !!
Cheers to the Indian Airline Industry for top notch service and providing us with a truly world class experience.
Friday, September 11, 2009
'O dear....O'Hare' !!
Tuesday, September 8, 2009
The dreaded flight !
Friday, August 14, 2009
Bow down to MAGADHEERA !!
My brother, the great blogger, Kamal - http://www.kamaldshah.com/ had seen Magadheera within the first week of its release. This is by no means a small feat. To get a ticket of this super hyped up movie running to packed houses was an achievement. The next day on asking him about how the movie was, he remarked "Super duper colossal hit". Now, coming from an 'almost' Ram Charan Tej fan club member it was an obvious remark.
Sunday, August 2, 2009
Would u like it with ice cream ?
Friday, July 24, 2009
Kambakht critics...
I just love it when the critics thrash down a movie left right and centre. This makes the expectation level rock bottom. This is what happened with Kambakht Ishq as well. As usual, this Akshay flick was hyped up tremendously. For the first time an Indian movie was show casing Stallone in a special appearance and then there was Denise Richards (no matter if 99.9999% of India didn't know who the heck she was in the first place). I, for one didn't have much expectations from this movie and expected it to flop miserably. My expectations seemed spot on with the kind of reviews the movie got.
One evening, my brother and I were just in a frame of mind to go for 'any' movie and ended up blocking seats for Kambakht Ishq at Inox. I was in two minds while leaving home as well thinking why are we going for a miserable flop. Anyways, the urge to see a movie was too great to change the plans. Firstly, I have to mention that I was very impressed with Inox, Hyderabad. The auditorium had a very rich feel to it, very unlike any other. The first frame set the tone for the movie with a spat between Akshay and Kareena. The entire (almost) movie has this as the central theme, unlike all movies when the central characters are falling for each other. There is an abundant dose of comedy throughout the movie. Some scenes are simply hillarious. Special mention for the best scene where Akshay keeps hearing the mantra in the background. It is outrageously funny. Of the 2 hours and 15 mins humour takes up about 1 hour and 45 mins. I don't care for the other 30 mins as I've already had more than my money's worth.
Tragically the makers were too obsessed in trying to get Stallone and Denise to have a part in the movie, which was totally unnecessary. This part of the movie turns out to be the negative (so much for the hype). The other negative is the music, which badly dissappoints. While all the central actors play there part, the crown should go to the script writer for the comedy which makes this movie a winner. I enjoyed myself thoroughly and wouldn't mind it a second time as well ! 7.5/10 for this one. Go for it.
Monday, July 20, 2009
The Hyderabad Auto Show
The first edition of the Hyderabad Auto Show was conducted in the Hyderabad International Convention Centre from the 17th.thru the 19th.of July. It was a perfect time for me as I am on the lookout to buy my car. Accompanied by my wife I went to attend the auto show on Saturday early evening to avoid the traffic later in the day.
The lack of proper infrastructure to organise a big convention or show in Hyderabad is obvious. We need to have world class facilities to conduct a show in a manner which is thoroughly professional and acclaimed by the exhibitors and visitors.
Monday, July 13, 2009
RISK - the third !!
Thursday, July 9, 2009
Rain rain come again.....I want my car to be clean again !
Wednesday, July 8, 2009
Pranabda screws the Big B !
Within a short time into the budget speech the markets started tanking and by the end of the day had shed about 6% or so falling 870 points, going from near 15000 levels to near 14000 all in the span of 1 day ! What did Pranab Mukherji do so wrong? Well....he didn't do much and that was what was wrong. All the expectations came crashing down and realisation dawned. All of a sudden the gung ho sentiment has vanished and pessimism has set in.
I had posted on valuation here during the elections and had indicated the fair value for the Sensex to be 12450. However, the fundamentals have certainly changed over the last month due to the formation of a stable Govt.at the centre. I do expect reforms to kick in, although more gradually. I do expect corporate earnings to improve thereby giving it a premium valuation as well. This means a higher PE multiple (remember 1PEG). Higher the earnings higher the multiple. Speaking in numbers it would work out like this (approximately) - As per http://www.bseindia.com/ the current Sensex EPS is 762 and the Sensex trades at a PE multiple of 18. This multiple seems high with earnings still not growing at 18 times. Therefore a fair multiple would be 16 giving the Sensex a fair valuation of 12192. However, given that the earnings are expected to rise between 15%-20% in the future the Sensex FY10 EPS should be between 875-915. Considering this the Sensex should trade between 13145-18288 by the end of March 2010. If things work out good and the steps taken by the Govt.does help accelerate growth we will end up closer to the higher end. That would certainly be terrific given where we are presently.
Monday, June 29, 2009
Under promise over delivery - New York (the movie)
Its all about expectations....I guess. In more n more instances I have seen the impact of expectations on the likability of a movie. New York had a lot of pre-release hype around it, especially it being the first good starer to release after the long stand off between producers and multiplexes. I for one was eager to see the movie and had built in a lot of expectations. I have this habit of looking thru the review on www.rediff.com on the day of the release to know what to expect. To my surprise rediff tore the movie down. My expectations came crashing down as well. I went ahead to see the movie nevertheless on Sunday evening.
PVR was the venue. I have never quite liked this theatre in Hyderabad coz of many issues which we can discuss later. Anyway, the first few scenes of the movie went by nicely. I was waiting for the movie to take the wrong direction was become horrible. However, my wait continued and continued but this flick didn't give me a dull moment. The quick transformation from the carefree college life to the bad bad world of terrorism post 9-11 was wonderfully depicted. The storyline was well paced. John, Neil and Katrina bring loads of freshness and have acted well. Katrina was outstanding towards the end. Irrfan (thats how his name is spelt) was the usual and seemed to have a Slumdog hangover.
The movie did have its share of negatives though. The diction of Neil and Katrina was not fluent. The difficulty in their Hindi was evident. The music was average except for 'Junoon' which was good. The story was made to seem like a Hollywood thriller however lacked pace. It should have been more fast paced and edge of the seat.
As I said, I went in the theatre with low expectations and came out liking the movie. I would give a 6.5/10 for this above average movie.
Friday, June 26, 2009
A politician with a vision - Kapil Sibal
Thursday, June 18, 2009
Article in Emirates' Business 24x7, Dubai
I feel proud to have my pic on such a popular news paper, especially on the business pages. I always wanted to share it with all of you but somehow kept slipping my mind.
Monday, June 15, 2009
India out of the T20 World Cup :(
For starters, I would rest the blame on Mahender Singh Dhoni. I do not agree with the camp that feel otherwise. MSD has committed blunders as a captain all thru the tourney. He himself wasn't a patch of what he was as a hard hitting, much feared batsmen. We saw him nudge and push the ball instead of belting it out of the stadiums like in his glorious past. The blame however, cannot be thrust only on MSD as cricket is a team game and the other team members have to share the blame equally. I would absolve Yuvraj and Rohit Sharma from the blame as they were probably the only players who stood out and showed some level of aggression. The team simply lacked the hunger and aggression which all players displayed during the highly paying IPL.
I would certainly like to see MSD lose his captaincy, not as a punishment but more in the interest of the team. I would like to see the free flowing strokes of MSD. I do think the burden of captaincy is playing on his batting. This has happened in the past with the great Sachin Tendulkar. Once he didn't have the burden of captaincy he revived his batting once again. This is what is needed for the men in (dark) blue too. The most effective replacement for MSD would have been Yuvraj. However, as the same would probably happen to the wonderful stroke play of Yuvraj in the future, I think we should opt for different captains for the different formats of the game - Rahul Dravid for tests, Sachin for one dayers and Bhajji for T20s. Radical thought...but worth a try.
Thursday, June 11, 2009
Rain rain come again........
Friday, June 5, 2009
GO GET THEM CHAMPS !!
Tuesday, June 2, 2009
Lost at work.....
10 years back around this time I had to take a call on whether to pursue my MBA or take up a job. It was a very tough decision. On the one hand was an admission from a few very good universities and on the other was a ready job offer in what seemed an interesting line. After a lot of deliberations with all concerned I went ahead with the job. The thought behind that decision was that even if I didn't like the job I could always get the work experience and get back to college for an MBA later. I regret that decision of mine to this day and will continue to do so.
I kept working in that company in spite of not liking the job after a few months. The only other thing that could make one continue to work in a company if there is no job satisfaction was money. Sadly, in my case I couldn't have got a worse pay. I stayed on with the lure of bright future prospects. These 'prospects' were a great career in the US with a large organisation. It sure was a possibility, when I started. However, as time went by I knew that my employers(distant relatives) didn't have any intention to send me abroad. My family was very supportive and talked to my employers. Unfortunately, the wily employers tricked my parents into believing that they had big plans for me but need time.
Months went by and turned into a year and a half of 'training'. That's when I decided that I had had enough. I mustered courage and informed my parents that I will come back and immediately informed my employers and left. That brought about a new dimension to my life. Back to Hyderabad from Chennai, I started looking for jobs and finally landed one at Deloitte. A world apart from the company I worked for. I enjoyed working with Deloitte. Along the way I also did some trading in my field of experience which led me to a very good company which I work for today.
I keep pondering over that decision I took 10 years back and keep regretting not having done my MBA. I do believe I would have been far better off with an MBA under by belt. Far more satisfied at least. I do believe an MBA gives the right tools to hone one's skills and extracts the best from within. My work experience over the years has given me satisfaction and money in bouts but has engulfed my life in such a way that I have never been able to break free and go pursue my dream, my MBA.
Monday, May 25, 2009
IPL 2009 Champions - Deccan Chargers !
Friday, May 15, 2009
Aakasamantha - beauty in simplicity !
Tuesday, May 12, 2009
A "hair" raising tale !
Wednesday, May 6, 2009
Sell sell sell (for the time being)
Tuesday, May 5, 2009
Hyderabad......Its Hot, literally !
Friday, April 10, 2009
My visit to Australia and New Zealand - IV
On this trip of mine I visited Perth, Adelaide, Melbourne, Sydney, Gold Coast and Brisbane. I found each place to be beautiful but had time to spend only in Melbourne and Sydney. I might again be biased to these cities as I had time to explore only these but I must say that they were amazing. The whole atmosphere is so vibrant, so full of life. People here truly live life to the fullest. I enjoyed my walks at the harbours, the beaches and the bustling cities (the local lingo for down town) in Sydney and Melbourne. The few places that stand out were the Melbourne Docklands, Gold Coast's beach and coast line, the beaches in all the cities, the famous Harbour bridge and last but surely not the least the iconic Opera House in Sydney.
Have compiled a few pics from the above. Enjoy !
This hotel also has a casino, multiplex, shopping complex, restaurants and a beautiful water front location. The fire show, although simple is excellent. This runs every evening on specific schedules.
One of Sydney's beautiful beaches -
Wednesday, April 8, 2009
My visit to Australia and New Zealand - III
Auckland also has an amazing aquarium with unique variety of fish. Sample this -
These guys also replicated Antarctica and have migrated Penguins as well. Check this out for yourself -
After a long day I stopped by at 'Bolliwood' (yes, that's the way its spelt) Indian restaurant. The food was good and so was the ambiance. Besides, its named Bolliwood...what more incentive to go have a bite.
110 Ponsonby Road,
Ponsonby, Auckland
Tel - 376 6477
http://www.bolliwood.co.nz/
I built up expectations for my next stop - Christchurch. Although, it was a nice place as well but wasn't as beautiful as Auckland. I might be wrong on this one as I really didn't have any time to look around. With another day's work at Christchurch I left New Zealand with fond memories of the beauty of the land and looked forward to my next destination - Australia !
Sunday, March 22, 2009
My visit to Australia and New Zealand - II
After a little while of the flight taking off I prepared myself to stretch and have a good nap. However, my nap was interrupted very early by a flight attendant asking if I wanted my meal. My request for serving my meal after a few hours was turned down with a answer that 'we cannot reserve the meals for so long'. I said what the heck, get me my meal right now. I scrolled on the menu options on the in-flight entertainment system and was happy to see the Hindi movie options. Me being me, I couldn't resist the urge of catching a Hindi movie and so postponed the nap by a little. The movie I saw was Dasvidaniya. I am glad that I did as it was truly a very nice movie. After that and my meal I did manage to get a nap. The cramped seats, seat belts and the partition handles didn't make my nap easy but it was certainly better than keeping myself seated on my single seat.
Friday, March 20, 2009
My visit to Australia and New Zealand
Its travel time yet again !
Travel seems very exciting to many and for quite sometime it was for me too. However, those who travel for work would know what it really is after a while. I have been travelling for over 7 years and have had the privilege of visiting the United States, Canada, Italy, Germany, Switzerland, France, Belgium, UK, Greece, UAE, Singapore, Malaysia and China. However, I never got the opportunity to visit Australia and New Zealand. This trip of mine would fulfil my desire to visit these countries as well.
I am once again at the beautiful Hyderabad International Airport awaiting my departure call on Singapore Airlines (yes, once again !). I look forward to a fruitful trip work wise and also to enjoy the scenic countries. I had some difficulties with my camera and hope the same gets sorted out so I could take a lot of pictures as forever memories. I will obviously fill you in on my trip as and when I can. Until then.....CHEERS MAITE !
Saturday, March 14, 2009
Promises are meant to be borken...at least in Indian Politics !
The tamasha has begun.
Every time the elections are announced each party tries to make bigger promises than the other with the sole objective to come to power. None really care of the consequence of such promises if they are actually elected. Unfortunately, it is the largely uneducated electorate that fall prey to such promises and elect such parties to power.
The last elections in our state had the Congress party offer free power to the agriculture sector. After coming to power the first thing the Chief Minister did was sign the free power scheme into affect. However, gradually the Govt.realised that this was a blunder and made amendments. Now its election time again and with it comes the promises galore. This time the main opposition to the Congress in the state, the TDP has promised cash compensation to all poor families, subsidised food grains, free electricity and hold your breath - color TVs ! Yes, you got that right - color TVs. Cheap food, money and TV (that too no charge for electricity) - the poor have nothing to work for!
From where will the Govt.get the money to offer such extravagant deals? It is obviously going to be from the tax collected off the people who work hard to feed themselves and their families with their own money. This is just one of the many unbelievable promises that are made by all political parties these days. The educated understand this and surely would not like to vote for such people. However, when one looks around, no one is different. Whom to vote for?
This election has brought a new face in the politics of our state in the form of actor Chiranjeevi. The actor has had a fabulous career in movies and shows potential to be a leader with a difference. Will he actually be any different, only time will tell.
Tuesday, March 3, 2009
LOL - Its Pink Panther 2 !
Sunday, February 22, 2009
The state of our state
Last week I was surprised to see the sudden repair work being carried out on the road to my son's school. I was happy that the municipal corporation is doing this work as the road was in desparate need of repairs. The speed of work was also terrific. An entire stretch was repaired in flat two days. The side walls were painted white as were the boundaries of the roads. I have always been very critical of the way the government and its machinery works. Although this was a welcome change.
Then came the day after the work was completed. The morning drive to the school answered the question of how come such fast work on this road. Our honorable Chief Minister was scheduled to inaugurate some project on that road that evening. This is unfortunately, the sad fact in our country. The roads are repaired for the ministers to ensure a smooth ride wherever they pass. The ordinary citizens can go thru the same pathetic road throughout their life and no one would care. But when any big minister passes by the road has to become perfect. People have become wise these days. When the roads in the locality becomes unbearable they just invite the CM or any big minister and 'voila' you have a great road in a matter of days.
These ministers give a pat on the back on the people responsible for the 'great' roads while being fully aware of the ground reality. We citizens pay taxes for the improvement of the roads, water, power, security, etc. But our hard earned money goes into the pockets of unscrupulous bureaucrats who couldn't care less about what is going on.
I don't see this changing for at least the next two generations as corruption is so deeply rooted in our system that it will take this much time for it to slowly get drained out. India can easily grow at more than 10% per annum if only our govt.put a check on corruption. It is not enough for a party to simply raise the slogan of 'Aam Aadmi' but actually focus on the aam aadmi by ensuring that development reaches the people it is meant for. I also know that this blog wouldn't make any difference to anything but I just had to bring this out and share my frustration with this pathetic system that we are forced to live with day in and day out.